Yujiro Hayami and Vernon Ruttan were two of the pioneering figures in development economics. This collection of papers traces their work across half a century of engagement with the problems and puzzles of agricultural development. This thoughtful volume brings together some of their best-known individual and collaborative writings, but it also includes a number of papers that were never widely disseminated.
Douglas Gollin, Professor of Economics, Williams College
Nothing could be more valuable than creating a new paradigm in economics, particularly in the field of agricultural development. A notable example is T. W. Schultz's (1964) thesis regarding "efficient but poor" small-scale farmers in low-income or developing countries. No less influential is Vernon Ruttan and Yujiro Hayami's thesis concerning the role of induced technical and institutional innovation; arguing that as the scarcity of a factor of production (e.g. labor) increases, technology that saves on the use of the factor is induced to develop, along with supportive institutions, including property rights systems, public-sector research and extension systems, and marketing institutions. In Chapter 2 of this volume, they note that "it became clear that the induced technical change theme could provide the structure needed to integrate a large body of theoretical and empirical research on agricultural development." In fact, their research provided a consistent and effective framework to analyze how markets, technology development and institutional changes interact to facilitate agricultural development.
Their perspectives are wide, covering large geographical areas and a thorough analysis of the historical development of agriculture in the United States, Japan, and many other Asian countries. The book collects the most influential papers of Ruttan and Hayami in order to aid readers in understanding how these highly influential agricultural economists developed their perspectives.
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INTRODUCTION ; Chapter 1: Keijiro Otsuka, "The Contributions of Ruttan and Hayami" ; Chapter 2: Vernon W. Ruttan and Yujiro Hayami, "Induced Innovation Theory and Agricultural Development: A Personal Account." In Bruce M. Koppel (ed.), Induced Innovation Theory and International Agricultural Development: A Reassessment 22-36, Baltimore, MD: Johns Hopkins University Press, 1995. ; PRODUCTIVITY GROWTH IN AGRICULTURE ; Chapter 3: Vernon W. Ruttan, "The Contribution of Technical Progress to Farm Output, 1950-1975," Review of Economics and Statistics 38 (February 1956): 61-69. ; Chapter 4: Yujiro Hayami and Vernon W. Ruttan, "Agricultural Productivity Differences Among Countries," American Economic Review 60 (December 1970): 895-911. ; TECHNICAL CHANGE AND AGRICULTURAL DEVELOPMENT IN ASIA ; Chapter 5: Yujiro Hayami and Vernon W. Ruttan, "Korean Rice, Taiwan Rice, and Japanese Agricultural Stagnation: An Economic Consequence of Colonization," Quarterly Journal of Economics 84 (November 1970): 562-589. ; Chapter 6: S. C. Hsieh and Vernon W. Ruttan, "Environmental, Technological, and Institutional Factors in the Growth of Rice Production: Philippines, Thailand and Taiwan," Food Research Institute Studies 7 (1967): 307-341. ; Chapter 7: Vernon W. Ruttan, "Controversy about Agricultural Technology: Lessons from the Green Revolution," International Journal of Biotechnology 6 (2004): 43-54. ; Chapter 8: Yujiro Hayami, "The Peasant in Economic Modernization," American Journal of Agricultural Economics 78 (December 1996): 36-53. ; Chapter 9: Yujiro Hayami, "Ecology, History and Development: A Perspective from Rural Southeast Asia," World Bank Research Observer 16 (Fall 2001): 169-198. ; INDUCED TECHNICAL AND INSTITUTIONAL CHANGE ; Chapter 10: Yujiro Hayami and Vernon W. Ruttan, "Factor Prices and Technical Change in Agricultural Development: The United States and Japan, 1880-1960" Journal of Political Economy 78 (September/October 1970): 1115-141. ; Chapter 11: Vernon W. Ruttan, "Social Science Knowledge and Institutional Change," American Journal of Agricultural Economics 66 (December 1984): 549-559. ; Chapter 12: Vernon W. Ruttan and Yujiro Hayami, "Toward a Theory of Induced Institutional innovation," Journal of Development Studies 20 (July 1984): 203-223. ; V. PERSPECTIVES ; Chapter 13: Vernon W. Ruttan, "The Transition to Agricultural Sustainability," Proceedings of the National Academy of Sciences 96 (May 1999): 5960-5967. ; Chapter 14: Vernon W. Ruttan, "The New Growth Theory and Development Economics," Journal of Development Studies 35 (December 1988): 1-26. ; Chapter 15: Yujiro Hayami, "An Emerging Agricultural Problem in High-Performing Asian Economies." Presidential Address to the 5th Conference of the Asian Society of Agricultural Economists, Zahedan, Iran, August 29-31, 2005. ; Chapter 16: Vernon W. Ruttan, "Induced Technical Change, Induced Institutional Change and Mechanism Design." Paper prepared for presentation at the 10th International Workshop on Institutional Economics, Institutions, Technology and Their Roles in Economic Growth, University of Hertfordshire, United Kingdom, June 17-18, 2008 (also published as Staff Paper Series, Department of Applied Economics, University of Minnesota)
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"Yujiro Hayami and Vernon Ruttan were two of the pioneering figures in development economics. This collection of papers traces their work across half a century of engagement with the problems and puzzles of agricultural development. This thoughtful volume brings together some of their best-known individual and collaborative writings, but it also includes a number of papers that were never widely disseminated."--Douglas Gollin, Professor of Economics, Williams
College
"The extraordinary scholarship of Professors Ruttan and Hayami has left us with a rich empirically tested body of theory aimed at explaining technical and institutional innovations and their contributions to agricultural development and economic growth. The recent resurgence of interest in institutional economics, and the globalization of concerns over natural resources and the environment, make the papers in this volume just as relevant to today's scholars and
policy communities as when they were first written."--Kym Anderson, George Gollin Professor of Economics, University of Adelaide, Australia
"The works of Yujiro Hayami and Vernon Ruttan, particularly their induced innovation thesis, have been one of the most influential paradigms during the past decades and continue to profoundly shape and reshape our current thinking on economic growth, international development, technical and institutional change and more recently economic history. This volume, edited by two of their close associates with personalized introductory chapters, brings together their
best and classic papers as well as previously unpublished papers."--Debin Ma, Lecturer of Economic History, London School of Economics
"As a long-term fan of the work of Vernon Ruttan and Yujiro Hayami, I am delighted with the publication of their collected papers. They both had the personal experience and academic training to address the difficult question of how to sustain agricultural productivity. This is a book for the ages."--Elinor Ostrom, Senior Research Director at the Workshop in Political Theory and Policy Analysis, Indiana University; Nobel Laureate in Economic Sciences, 2009
"Hayami and Ruttan's induced innovation model stands as a unique landmark in the existing studies on technological change and economic development over the past several decades. These collected papers provide stunningly comprehensive views on development and growth, integrating micro-level studies on incentives, market forces, and institutional changes, with aggregate-level economic analyses in an international perspective."--Yasuyuki Sawada, Associate
Professor of Economics, University of Tokyo
"The papers collected in this book are seminal contributions of Vernon Ruttan and Yujiro Hayami, two giants in the history of development thinking, to the understanding of their mechanism and core functions of technological innovation and institutional change in development process. The book is must reading for development scholars and policy makers who are concerned about the issues of promoting agricultural growth and reducing poverty in developing
countries."--Justin Yifu Lin, Chief Economist, The World Bank
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Selling point: Although this book is essentially a collection of the published papers of Vernon Ruttan and Yujiro Hayami, the two editors have attempted to assess the significance of their studies in addressing issues of current global interests (i.e. the development of agriculture for poverty reduction in sub-Saharan Africa and the impacts of climate change on the role of agriculture).
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Keijiro Otsuka is currently President of the International Association of Agricultural Economists. His work covers the diverse fields of development economics, including land tenancy, land rights and natural resource management, green revolution and poverty reduction, and cluster-based industrial development in both Asia and sub-Saharan Africa.
C. Ford Runge is Distinguished McKnight University Professor of Applied Economics and Law at the University of Minnesota, where he also holds appointments in the Hubert H. Humphrey Institute of Public Affairs and the Department of Forest Resources. He is a member of the faculty in Conservation Biology and a Fellow of the University of Minnesota Institute on the Environment.
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Selling point: Although this book is essentially a collection of the published papers of Vernon Ruttan and Yujiro Hayami, the two editors have attempted to assess the significance of their studies in addressing issues of current global interests (i.e. the development of agriculture for poverty reduction in sub-Saharan Africa and the impacts of climate change on the role of agriculture).
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Produktdetaljer
ISBN
9780199754359
Publisert
2011
Utgiver
Vendor
Oxford University Press Inc
Vekt
700 gr
Høyde
160 mm
Bredde
236 mm
Dybde
23 mm
Aldersnivå
UU, UP, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
408